Globalization and Governance: Myth and Reality in the Context of Bangladesh

This study is basically conducted examining the impacts of globalization on governance especially in Bangladesh. It is founded that state power is undermining increasingly and political- economy gets instability causing inequality and price hike of essentials. Moreover, democratic system is on the way to authoritarian character eroding the pro-people values influenced by the external forces. The study is conducted in qualitative approach based on document analysis. Secondary sources such as books, journal articles, media reports and official records are taken up to collect data required. The paper mainly aims to examine the status of national autonomy and to analyze the adverse impact of globalization on democratic structure and values. It is suggested that the developing countries have to achieve diplomatic efficiency, develop the human capital, and gain technological capability to face the global challenges. The study findings may provide some new ideas and information by which policy makers, students and researchers of the social sciences can be enriched.